Russian cyclist Zakarin finishes second in Giro d’Italia Stage 20Sport May 27, 22:27
Putin, Erdogan agree to develop coordination of efforts for settlement in SyriaRussian Politics & Diplomacy May 27, 19:29
Putin, Rouhani stress importance of joint efforts in settlement of Syrian conflictRussian Politics & Diplomacy May 27, 14:32
Federatsiya spacecraft’s first flight may be rescheduled to 2022 - sourceScience & Space May 27, 14:29
Zbigniew Brzezinski dies at age of 89World May 27, 6:57
More than two-thirds of Russians say would like to venerate St Nicholas’s relicsSociety & Culture May 27, 6:40
Russian space budget may grow this yearScience & Space May 26, 20:48
Moscow hopes London High Court will deliver judgement on Ukraine’s debt to Russia soonBusiness & Economy May 26, 20:21
Hungarian top diplomat: EU must discuss anti-Russian sanctionsWorld May 26, 19:56
The integrated project envisages development of an oil field and construction of an oil refinery.
The next round of talks on the project with the Iraqi government is expected this summer, LUKOIL CEO Vagit Alekperov stated earlier.
In March 2013, LUKOIL and Zarubezhneft have passed a qualification selection on Nasiria project. Seven companies were selected for the tender, including two Russian companies.
Meanwhile, LUKOIL and Zarubezhneft mull possible geological prospecting at Iraqi oil block Western Euphrates.
“A memorandum on mutual understanding with the Iraqi state-run oil exploration company over possible geological prospecting at oil block Western Euphrates on an area of 17 thousand square kilometers was signed in the Iraqi capital of Baghdad. The oil block is being surveyed now, after that a decision on drafting a contract will be taken. Zarubezhneft acts as LUKOIL’s partner from Russia,” LUKOIL stated.